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Kazarian Presses A.T. Cross
Amid Red Ink at Pen Maker

By

Mark Maremont Staff Reporter of The Wall Street Journal

Updated Nov. 16, 1999 12:01 a.m. ET

A.T. Cross has a new pen pal: Paul B. Kazarian.

Mr. Kazarian, a Providence, R.I., investor known for putting pressure on troubled companies, has zeroed in on Cross, the venerable pen maker that has fallen on hard times in recent years. Since late last year, Mr. Kazarian has quietly been peppering the Cross board and the controlling Boss family with letters seeking management and financial changes.